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Madoff Learns His Fate

Prosecutors want convicted fraudster Bernard Madoff to receive the maximum sentence allowed by law which is 150 years in prison.

Prosecutors want convicted fraudster Bernard Madoff to receive the maximum sentence allowed by law which is 150 years in prison. Meanwhile his lawyers are asking for a mere 12 years. It's not as if Madoff has been a cooperative fraudster. After all he hasn't given investigators many details of his scheme or told of who else knew about the massive fraud.

Prosecutors want convicted fraudster Bernard Madoff to receive the maximum sentence allowed by law which is 150 years in prison. Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

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